155
155
Dec 12, 2012
12/12
by
CNNW
tv
eye 155
favorite 0
quote 1
what makes us greece? it's not because the tax code is at 35% versus 39.6. what's going to make this country greece, like every other western nation, retiring at 10,000 a day in terms of baby boomer, three workers for every retiree, in 20 years we'll have two. medicare and social security are about $30 trillion underfunded. if you did what tip o'neill and ronald reagan chose to do, reform entitlements, we become the most dominant place on the planet pretty quickly. so what i would plead with the president to do is use this mandate. redo revenue, which we should. but what keeps us from becoming the country we want to be and damns the future generations is entitlement and spending. when i was 21, my mom died, when i was 22 my dad died. if it wasn't for social security survivor benefits, my sister would have never gone to college. social security is going to fail. when i was 22 we needed the 300 and something bucks we got a month. i'm 57, i have no kids, i could easily give up $400 in retirement from social security to help people who can't. >> as a reality for
what makes us greece? it's not because the tax code is at 35% versus 39.6. what's going to make this country greece, like every other western nation, retiring at 10,000 a day in terms of baby boomer, three workers for every retiree, in 20 years we'll have two. medicare and social security are about $30 trillion underfunded. if you did what tip o'neill and ronald reagan chose to do, reform entitlements, we become the most dominant place on the planet pretty quickly. so what i would plead with...
176
176
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 176
favorite 0
quote 0
that the very people that have squandered your retirement, have brought us to the brink of becoming greece, the people that are stealing from their children and breaking open their piggy banks, how can they call people who pay half of the taxes greedy? they're the ones that are agreey, they're the ones that are selfish, and they're the ones that have spent beyond their means. you rarely hear that. why is that? the left controls most media outlets in the country and they define compassion and generosity by spending other people's money. this is a selfish, massive power grab and this is done by greedy politicians, you know, the ones that claim they care about you as they crat -- as they create d see, there are 18 mor million me americans on food stamps. 50 million americans in total on food stampletion. one in six americans live in poverty, millions more living paycheck to paycheck. i suspect with all the government compassion, i believe people would rather live debt-free. there's a lot of good time spending their money and then blaming the people who are giving them the money. if we're goin
that the very people that have squandered your retirement, have brought us to the brink of becoming greece, the people that are stealing from their children and breaking open their piggy banks, how can they call people who pay half of the taxes greedy? they're the ones that are agreey, they're the ones that are selfish, and they're the ones that have spent beyond their means. you rarely hear that. why is that? the left controls most media outlets in the country and they define compassion and...
171
171
Dec 19, 2012
12/12
by
FOXNEWSW
tv
eye 171
favorite 0
quote 0
if you look at the other countries such as greece and portugals of the world, and you get 65 percent or 70 percent debt to g.d.p., it is a red flag and 95 95 percent, that is a problem but our number will be so gigantic it is hard to understand how question have a vibrant economy when we pay $1 trillion a year in interest. >>neil: the markets seem to fall the lack thereof of the talks. is that a sign they are worried? >>guest: the market is worried the market wants closure of the debt ceiling. they do nut want this part of negotiations. we saw what happened last year, disaster. whatever deal is cut, the most important thing for wall street is the debt ceiling debate goes away for a year or month. >>neil: i think speaker boehner speaking to reporters today on what his plans were, i want you to react. >> tomorrow the house will pass legislation to make permanent tax relief for nearly every american and the president will have a decision to make. he can call on senate democrats to pass that bill. or he can be responding for the largest tax increase in american history. >>neil: is this h
if you look at the other countries such as greece and portugals of the world, and you get 65 percent or 70 percent debt to g.d.p., it is a red flag and 95 95 percent, that is a problem but our number will be so gigantic it is hard to understand how question have a vibrant economy when we pay $1 trillion a year in interest. >>neil: the markets seem to fall the lack thereof of the talks. is that a sign they are worried? >>guest: the market is worried the market wants closure of the...
286
286
Dec 25, 2012
12/12
by
KQED
tv
eye 286
favorite 0
quote 0
greece downgraded deeper into junk." >> brown: if these are interesting times in greece, where you can see a man crawling into a recycling bin to cart away newspapers he'll sell for a pittance, and, of course, the weekly, sometimes daily, protest by various government workers, well, titos patrikios is a man who knows interesting times. >> interesting and difficult. but perhaps every interesting time is also a very difficult time, because easy times are not interesting perhaps. >> brown: a poet and elder statesman of greek letters, he's seen many of the hardships and horrors of greek history in the 20th century, including the german occupation in world war ii. >> here is athens during the occupation. a street in the center of athens, against the occupation. >> brown: so this was part of your life? >> somewhere back there, i'm in the crowd. >> brown: even more devastating, he says, was the greek civil war that followed, one that led to his own captivity and torture on an island prison. so you've seen much worse? >> i give always this example: that during the winter of 1940 to '41, every
greece downgraded deeper into junk." >> brown: if these are interesting times in greece, where you can see a man crawling into a recycling bin to cart away newspapers he'll sell for a pittance, and, of course, the weekly, sometimes daily, protest by various government workers, well, titos patrikios is a man who knows interesting times. >> interesting and difficult. but perhaps every interesting time is also a very difficult time, because easy times are not interesting perhaps....
126
126
tv
eye 126
favorite 0
quote 0
greece b. italy the answer: c. united states 99-percent of commercially grown artichokes are cultivated in california. >> we have lots of clouds for the next few days. nothing terribly extreme in the temperatures. there's a general active but look to this pattern. there is some rain showing up on the radar. 42 degrees is the temperature. we are above average today. all of the very cold air is bottled up up north in canada. the one in the morning and now. 52 degrees at st. louis. we may be flirting with the thick degree mark later on to do. see the rain returns but it's not all reaching the ground. there some mixed snow and precipitation of state. it is headed this way. our model does not actually show. this evening cloudy and a couple sprinkles of light showers. we will have patches of light rain flirting with us during the day tomorrow. it looks like a solid overcast. the accumulating snow is up north of us. much of that will come into the weather system on saturday night and sunday. we think some areas might hit
greece b. italy the answer: c. united states 99-percent of commercially grown artichokes are cultivated in california. >> we have lots of clouds for the next few days. nothing terribly extreme in the temperatures. there's a general active but look to this pattern. there is some rain showing up on the radar. 42 degrees is the temperature. we are above average today. all of the very cold air is bottled up up north in canada. the one in the morning and now. 52 degrees at st. louis. we may be...
1,214
1.2K
Dec 28, 2012
12/12
by
KRCB
tv
eye 1,214
favorite 0
quote 0
paul left and went to western turkey, or asia minor, and greece. for the next ten years, from 50 to roughly 60, paul will concentrate all of his efforts in this region of the aegean basin. it's probably ephesus and the areas immediately around ephesus that will be his most important base of operations. ephesus was a cosmopolitan environment. the inscriptions and the statues and the artwork and the buildings all tell us that this is really a crossroads of culture and religious life throughout the mediterranean world. >> when you read jesus' parables, you immediately think of agriculture, you think of peasants, you think of landowners, you think of farming. when you read paul's letters, you think of the school, you think the philopher, you think of the orator, you think of the city. >> in paul's view, at least, the city was the natural environment, if you will, for christianity. he has a way of coming back to the same city, he has a way of visiting new cities and talking about visiting new cities, and it was cities that he was going to, not just gene
paul left and went to western turkey, or asia minor, and greece. for the next ten years, from 50 to roughly 60, paul will concentrate all of his efforts in this region of the aegean basin. it's probably ephesus and the areas immediately around ephesus that will be his most important base of operations. ephesus was a cosmopolitan environment. the inscriptions and the statues and the artwork and the buildings all tell us that this is really a crossroads of culture and religious life throughout...
108
108
Dec 17, 2012
12/12
by
CSPAN
tv
eye 108
favorite 0
quote 0
poland is as different as greece is from some land. europe is now divided in many ways to -. there are a few elements of the communist past you can see. there is a paranoid element in politics that comes from the legacy of people being spied on and having lived in an oppressive system. they are more paranoid about secret deals behind their backs, because secret deals were done behind their backs, and that is understandable. there is an anxiety about being left behind in the west. the memory of the past continues to play out, but in truth, these countries are more different from one another than they are similar. >> you through -- you chose three of eight countries behind the iron curtain? >> it depends on how you count. >> what were the three democrats i chose to poland, hungary, and east germany. they have different historical background. they belong to different empires in the 19th century. they have different political traditions and mostly because they have given experiences of the war. germany was nazi germany. poland resisted very strongly. the nazis had one of the most
poland is as different as greece is from some land. europe is now divided in many ways to -. there are a few elements of the communist past you can see. there is a paranoid element in politics that comes from the legacy of people being spied on and having lived in an oppressive system. they are more paranoid about secret deals behind their backs, because secret deals were done behind their backs, and that is understandable. there is an anxiety about being left behind in the west. the memory of...
374
374
Dec 28, 2012
12/12
by
KRCB
tv
eye 374
favorite 0
quote 0
to the east, it encompassed egypt, turkey, greece, and palestine, where jesus was born in the jewish land of judea, then ruled by king herod. >> in judea, the king, herod, was in effect a client king. he ruled almost in place of rome. he was the... he was the voice of rome, the instrument of rome, probably "instrument of rome" is best in that, because he... he had his own independent notions certainly. >> herod the great was probably one of the greatest kings of the post-biblical period in israel, but you wouldn't want your daughter to date him. he was ambitious, brutal, extremely successful. >> and it is one of the real untold ironies of jewish history that this man, who... who's the guy you love to hate in jewish history, really, leaves the most indelible mark on the face of the land of israel. >> it appears that herod thought of jerusalem as his showpiece. he really wanted to make it a place where people would come, just as people would have gone to athens, or rome, or the great cities of the mediterranean world. >> narrator: a meticulously accurate model of ancient jerusalem show
to the east, it encompassed egypt, turkey, greece, and palestine, where jesus was born in the jewish land of judea, then ruled by king herod. >> in judea, the king, herod, was in effect a client king. he ruled almost in place of rome. he was the... he was the voice of rome, the instrument of rome, probably "instrument of rome" is best in that, because he... he had his own independent notions certainly. >> herod the great was probably one of the greatest kings of the...
152
152
Dec 3, 2012
12/12
by
CNBC
tv
eye 152
favorite 0
quote 0
but we did move on greece. got a little bit of a boost preopen. and since then, frankly, the ism numbers have just been a real disappointment. and we are moving on that. here's the dow intraday. here's where we got the ism number. and you can see we have been drifting lower ever since then. and this really is a disappointment, this number. this is the first read we get on the overall economy every month here. and let me point out what's been going on here. the sectors have been risk off by enlarge so transports are notably week. materials and industrial. there is your risk off trade here today. i would point out, technology has been an upgrade over at goex and the overall technology sector, tough time in the hardware group doing better today. so there is an outlier in tech. as for the ism, what was going on here, really there was very little good news. take a look. the overall number, the headline number, lowest since july 2009. the employment component in this, lowest since september 2009. that's probably the second-most watched component of that
but we did move on greece. got a little bit of a boost preopen. and since then, frankly, the ism numbers have just been a real disappointment. and we are moving on that. here's the dow intraday. here's where we got the ism number. and you can see we have been drifting lower ever since then. and this really is a disappointment, this number. this is the first read we get on the overall economy every month here. and let me point out what's been going on here. the sectors have been risk off by...
370
370
Dec 19, 2012
12/12
by
WETA
tv
eye 370
favorite 0
quote 0
paul left and went to western turkey, or asia minor, and greece. for the next ten years, from 50 to roughly 60, paul will concentrate all of his efforts in this region of the aegean basin. he it's probably ephesus and the areas immediately around ephesus that will be his most important base of operations. ephesus was a cosmopolitan environment. the inscriptions and the statues and the artwork and the buildings all tell us that this is really a crossroads of culture and religious life throughout the mediterranean world. >> when you read jesus' parables, you immediately think of agriculture, you think of peasants, you think of landowners, you think of farming. when you read paul's letters, you think of the school, you think of the philosopher, you think of the orator, you think of the cit >> in paul's view, at least, the city was the natural environment, if you will, for christianity. he has a way of coming back to the same city, he has a way of visiting new cities and talking about visiting new cities, and it was cities that he was going to, not jus
paul left and went to western turkey, or asia minor, and greece. for the next ten years, from 50 to roughly 60, paul will concentrate all of his efforts in this region of the aegean basin. he it's probably ephesus and the areas immediately around ephesus that will be his most important base of operations. ephesus was a cosmopolitan environment. the inscriptions and the statues and the artwork and the buildings all tell us that this is really a crossroads of culture and religious life throughout...
82
82
Dec 8, 2012
12/12
by
CSPAN
tv
eye 82
favorite 0
quote 0
heritage foundation to see what we can do to improve the fate of our country so we will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices is he h would a lost our way that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on america, jim undstands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank you." becaus
heritage foundation to see what we can do to improve the fate of our country so we will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices is he h would a lost our way that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be...
122
122
tv
eye 122
favorite 0
quote 0
think back, literally, we had to baja, the bp oil spill, nuclear meltdown, debt downgrades, greece, italy, spain, foreclosures, student loans, how many things do we have to get fearful about before we start to believe in this economy? it is not booming. i am not saying it is perfect, not saying it is 1980s again, is not but is growing 2% per year, maybe 2.2, two.three, and it keeps growing. we have not had a recession since march of 2009. >> it is media granddad as almost people feel. if we take the consumer back and put them in the jobs report we did see the number of hours increase as did wages. what do you make of that? does that give you hope? >> it does. if you look at car sales in november, automobile sales, fifteen million vehicles were sold in november. highest since december of 2007. that weakness we saw in cars and auto sales in october and retail sales, i think because of sandy it is going to be over. november and december will be great month for the consumer. i do have hope. i don't think we're going to boom. we won't grow 4% we will grow between 2% and 3% real growth next yea
think back, literally, we had to baja, the bp oil spill, nuclear meltdown, debt downgrades, greece, italy, spain, foreclosures, student loans, how many things do we have to get fearful about before we start to believe in this economy? it is not booming. i am not saying it is perfect, not saying it is 1980s again, is not but is growing 2% per year, maybe 2.2, two.three, and it keeps growing. we have not had a recession since march of 2009. >> it is media granddad as almost people feel. if...
107
107
Dec 3, 2012
12/12
by
CURRENT
tv
eye 107
favorite 0
quote 0
we're becoming the greece of out-of-control spending. [ ♪ dramatic ♪ ] >> it in no way does that. >> stephanie: shut down that argument. the spending graphs of who -- >> nonsense. >> also, greece is falling apart because of the austerity programs implemented by the inf and the world bank. >> stephanie: we have references on that. they're wrong wrong wrong on everything. [ wah wah ] >> stephanie: i'm flabbergasted how wrong they are. 17 minutes arrive the hour. you know what else flabbergasts me? being able to carbonate soda in 90 seconds. >> my friend had a soda stream. i got to do it. it is amazing. >> did you karate chop? >> no but it is amazing seriously. >> stephanie: you're such a sad little man. >> i don't get out much! >> stephanie: new way to enjoy great-tasting soda made fresh at home. >> i'm flabbergasted. >> stephanie: flabbergasting how good it is with bourbon. you can make it fresh at home. everybody loves a soda stream. producer geeks kids, grad parents. -- grandparents. it is smart. transforms water into fresh fizzy soda. you saw how quick. there it goes. >> we needed
we're becoming the greece of out-of-control spending. [ ♪ dramatic ♪ ] >> it in no way does that. >> stephanie: shut down that argument. the spending graphs of who -- >> nonsense. >> also, greece is falling apart because of the austerity programs implemented by the inf and the world bank. >> stephanie: we have references on that. they're wrong wrong wrong on everything. [ wah wah ] >> stephanie: i'm flabbergasted how wrong they are. 17 minutes arrive the...
103
103
Dec 21, 2012
12/12
by
CSPAN2
tv
eye 103
favorite 0
quote 0
france has to be the poster child, although maybe greece, i guess, would take number wunsch. >> but we do know that the u.s. spends a larger percentage of its gdp on health care than any of the other developed nations by a fairly significant amount. so really tackling that underlying issue of what percent of our economy is going to health care in general is really the key issue. and we should be focused on that, i think, much more than the federal government's portion of it. and in this case where you have a proposal that would actually increase the share of gdp going to health care is taking us in the wrong direction. >> that is assuming that medicare spending equals medicare costs and, again, as somebody who actually ran the program, i'm not assuming that. >> you want to do that one? sure. >> dade, this one is definitely for you specifically and aarp. the question is this: what scoreable savings proposals does aarp support for medicare beyond just better care coordination? does aarp support means testing, combining parts a and b cost sharing or medigap reforms or anything else? >> i
france has to be the poster child, although maybe greece, i guess, would take number wunsch. >> but we do know that the u.s. spends a larger percentage of its gdp on health care than any of the other developed nations by a fairly significant amount. so really tackling that underlying issue of what percent of our economy is going to health care in general is really the key issue. and we should be focused on that, i think, much more than the federal government's portion of it. and in this...
91
91
Dec 27, 2012
12/12
by
CSPAN
tv
eye 91
favorite 0
quote 0
like we are doing in greece. in greece, we've had the most brutal, a substantial fiscal squeeze and in the history of humanity. if you look at the numbers, and nowhere before as the budget -- has the budget been squashed so savagely. and what happened to the debt? 129% to 200% of gdp. it is what happens. when you kill the cow that produces the milk, it will not produce more milk and if you keep hitting it, it will not produce more. the problem with the economy is, we need to start recycling global surpluses again in a rational way. the great advantage of having no qualms about lying through your teeth as politicians in this country and in my country have been known to do -- the story that i have been trying to tell is quite complicated. you can use simplification in order to confuse people. when in being interviewed by the media, you have about 20 seconds. you have to answer the question of what is wrong with the world. if you say, well, we have too much debt. we will become the slaves of the chinese like these a
like we are doing in greece. in greece, we've had the most brutal, a substantial fiscal squeeze and in the history of humanity. if you look at the numbers, and nowhere before as the budget -- has the budget been squashed so savagely. and what happened to the debt? 129% to 200% of gdp. it is what happens. when you kill the cow that produces the milk, it will not produce more milk and if you keep hitting it, it will not produce more. the problem with the economy is, we need to start recycling...
77
77
Dec 13, 2012
12/12
by
CSPAN
tv
eye 77
favorite 0
quote 0
greece. oh, really? greece is not growing. greece has lost 25% in its economy in the past five years. greece's economy shrunk by 7% this year alone. there's a 20% unemployment rate in greece and even higher for younger people. greece doesn't make anything that the rest of the world wants. the american economy is dynamic. the american economy always needs to be improving with education, scientific research and infrastructure investment. so, a rational system, a rational political system would respond much differently than what is going on here in this congress. we're talking about spending cuts and allowing tax cuts that haven't produced economic growth to be extended. all of the people that are talking about spending did all the spending. they are the debt and deficit creators. if we want to experience economic growth we have to invest in this economy. and it's critically important to the future of this nation. medical research. we need to enhance not cut funding to the national institutes of
greece. oh, really? greece is not growing. greece has lost 25% in its economy in the past five years. greece's economy shrunk by 7% this year alone. there's a 20% unemployment rate in greece and even higher for younger people. greece doesn't make anything that the rest of the world wants. the american economy is dynamic. the american economy always needs to be improving with education, scientific research and infrastructure investment. so, a rational system, a rational political system would...
337
337
Dec 30, 2012
12/12
by
CNNW
tv
eye 337
favorite 0
quote 0
number three, in europe greece was the problem child that spent too much, save nothing and threatened to take down the euro. new leadership didn't stop constant violent protests, staged by those facing loss of jobs, pay cuts, higher taxes as their weary government begs for more cash. europe's leaders including the new french president committed to save the euro. it lives on, but for how long? number two. the deadliest month to date as the assad regime intensified its use of air power. >> one of the questions most asked in 2012, was how much longer can this man hold on to power? assad was under intense pressure to step down. but his regime stepped up the fire power against the opposition. civilians caught in the crossfire. more than 40,000 people have died so far. >> this is, yet, another bread line. >> the opposition fights on making more dramatic gains than ever and gaining pledges of additional support for the international community. number one -- she fought back from the brink of death after being attacked on a school bus. the taliban shocked. she was an outspoken for the educatio
number three, in europe greece was the problem child that spent too much, save nothing and threatened to take down the euro. new leadership didn't stop constant violent protests, staged by those facing loss of jobs, pay cuts, higher taxes as their weary government begs for more cash. europe's leaders including the new french president committed to save the euro. it lives on, but for how long? number two. the deadliest month to date as the assad regime intensified its use of air power. >>...
171
171
Dec 23, 2012
12/12
by
CNNW
tv
eye 171
favorite 0
quote 0
this is not europe, this is not greece. there are solutions. it's the politics that mess everything up. >> you're absolutely right. getting back to the issue of tax rates, it looked like we were getting closer. boehner offered to raise rates for those making more than $1 million a year. the rate would increase only on the amount you made over $1 million. president obama, who insists on letting the bush tax cuts expire for earners making more than $250,000, at least that's how he presented it during the campaign. offered to let those taxes rise on those making more than 400,000 a year. we're talking marginal rates, only on income above $400,000. by the way, mark, $370,000 a year is what puts you in the top 1%. all of those levels, 250, 400, a million. what's the breakoff point at which raising rates would substantially hurt the economy. >> i think they're coming to a compromise, the president's 400 k, speaker boehner was a million. my guess is they come to an agreement somewhere around $500,000. if that's the break point in the tax increase, i d
this is not europe, this is not greece. there are solutions. it's the politics that mess everything up. >> you're absolutely right. getting back to the issue of tax rates, it looked like we were getting closer. boehner offered to raise rates for those making more than $1 million a year. the rate would increase only on the amount you made over $1 million. president obama, who insists on letting the bush tax cuts expire for earners making more than $250,000, at least that's how he presented...
56
56
Dec 11, 2012
12/12
by
CSPAN2
tv
eye 56
favorite 0
quote 0
greece used to be one of the only three great non-u.s. countries, spending about 2% of gdp on national security. we were spending fortified at the time. we are under four. responding to something. they are now below that and having even further south because they simply can't afford it. >> host: new jersey, democratic collar. >> caller: thank you for taking my call. first of all, i am a retired army colonel, executive and also an author. adelle lot of research on the federal budget. whenever we start talking about social security and medicare, the entitlements and relating it to the annual budget deficit, we're making a mistake. no part today in a problem. a problems exist for three principal reasons. the spending increases for the war and other things that we basically did not fund. second, we had a huge loss in employment in 2007 and 2008 where people stop paying taxes and start drawing welfare. number three, we have the tax cuts, both the bush tax cuts and the obama tax cuts which have severely reduced the amount of revenue. the tax bu
greece used to be one of the only three great non-u.s. countries, spending about 2% of gdp on national security. we were spending fortified at the time. we are under four. responding to something. they are now below that and having even further south because they simply can't afford it. >> host: new jersey, democratic collar. >> caller: thank you for taking my call. first of all, i am a retired army colonel, executive and also an author. adelle lot of research on the federal budget....
122
122
Dec 22, 2012
12/12
by
CNNW
tv
eye 122
favorite 0
quote 0
this is not greece. there are solutions. it's the politics that mess everything up. >> yeah. you're absolutely right. getting back to the issue of tax rates, it looked like we were getting closer. boehner offered to raise mate raitts for those making more than a million dollars a year, and the rate would only increase on the amount of money you earn over a million dollars a year. just raising those rates were a major concession for any republican. president obama, who insists on letting the bush tax cults expire for earns making more than $250,000, or at least that's how he presented it during the campaign, offered to let those taxes rise on those making more than $400,000 a year. we're talking marginal rates then so, that would be only on income above $400,000. by the way, mark, $370,000 a year is what puts you into the top 1% here. you're an economist. all those income levels, 250, 400, a million, flying around for raising rates, what in your opinion is the breakoff point at which raising rates would substantially hurt the economy? >> well, i mean, i think coming to a compr
this is not greece. there are solutions. it's the politics that mess everything up. >> yeah. you're absolutely right. getting back to the issue of tax rates, it looked like we were getting closer. boehner offered to raise mate raitts for those making more than a million dollars a year, and the rate would only increase on the amount of money you earn over a million dollars a year. just raising those rates were a major concession for any republican. president obama, who insists on letting...
95
95
Dec 31, 2012
12/12
by
CNNW
tv
eye 95
favorite 0
quote 0
number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership didn't stop constant violent protests, staged by those facing loss of jobs, pay cuts, higher taxes, as their weary government begs for more cash. >> europe's leaders including the new french president committed to save the euro. it lives on. but for how long? number two -- >> the deadliest month to date as the assad regime intensified its use of air power. one of the questions most asked in 2012 was how much longer can this man hold on to power. bashar al assad was under ever more intense pressure to step down. but his regime stepped up the firepower against the opposition. civilians caught in the crossfire. more than 40,000 people have died so far. >> this is another red line. the opposition fights on, making more dramatic gains than ever. and gaining pledges of additional support from the international community. number one, she fought back from the brink of death after being attacked on a school bus. the taliban shot her in the head because she
number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership didn't stop constant violent protests, staged by those facing loss of jobs, pay cuts, higher taxes, as their weary government begs for more cash. >> europe's leaders including the new french president committed to save the euro. it lives on. but for how long? number two -- >> the deadliest month to date as the assad regime intensified its use...
169
169
Dec 30, 2012
12/12
by
MSNBCW
tv
eye 169
favorite 0
quote 0
we'll go the way of greece, and the president hasn't moved off that. he's still playing politics with these issues, and frankly i think most of us now don't care who gets the blame. we're concerned about our economy and about our paychecks. >> richard, senate minority leader mitch mcconnell took to the senate floor this afternoon and said despite the setback all is not loss. >> there's no situation that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know i'm willing to get this done. but i need a dance partner. >> you know, so richard, here we are talking about this blame game, and everybody is pointing their fingers at one another as we've been hearing all afternoon. what do you think that republicans are looking for here? >> i heard the same "meet the press" interview that terry did. i didn't hear the president casting blame. what i heard was the president talking the ways in which he's gone more than halfway to the republicans' position on
we'll go the way of greece, and the president hasn't moved off that. he's still playing politics with these issues, and frankly i think most of us now don't care who gets the blame. we're concerned about our economy and about our paychecks. >> richard, senate minority leader mitch mcconnell took to the senate floor this afternoon and said despite the setback all is not loss. >> there's no situation that remains an impossible sticking point. the sticking point appears to be a...
191
191
Dec 14, 2012
12/12
by
CNBC
tv
eye 191
favorite 0
quote 0
keeping greece in. >> and who were some of the past winners? what in your point of view is the most important criteria for picking person of the year? what is this supposed to represent? >> it's an important contribution to innovation. we've had receive jobs, for example, as person of the year. we earlier, five years ago, we had picked shawn claude trichet, the then president of the european central bank because he led the central bank response in 2001. so i think it's someone who has made a decisive, positive contribution to economic policy, public policy and that is probably why we wouldn't choose the north korean lead, who just let up a north korean missile this week. >> are there any regrets over choosing trichet now? >> i don't think so. he played an important role. we think mr. draghi has been somewhat bolder in his approach, notably through the money transactions which are designed to intervene in the bond market to reduce spreads where, in effect, speculators are betting on a break up of the eurozone, which is perhaps unnaturally raisin
keeping greece in. >> and who were some of the past winners? what in your point of view is the most important criteria for picking person of the year? what is this supposed to represent? >> it's an important contribution to innovation. we've had receive jobs, for example, as person of the year. we earlier, five years ago, we had picked shawn claude trichet, the then president of the european central bank because he led the central bank response in 2001. so i think it's someone who...
268
268
Dec 24, 2012
12/12
by
CNNW
tv
eye 268
favorite 0
quote 0
so now they kind of just bypassed each other in greece. and now google is now in finland where the other guy is. or similar santa was earlier. they're kind of meeting in the middle. just around the equator. >> here's the thing, we just don't want a midair santa crash. that would be the worst case scenario. thank you so much, alexandria, in an age of e-mails and tweets, here we go. it's nice to know that a letter can still be a powerful tool. it also helps if you have a powerful role model. that would be 9-year-old gabriella miller. she got strangers from around the world to write letters to santa. that out pouring will bring some joy for severely ill children like gabriella herself. now, our affiliate has the story. >> we have a mountain of letters here. >> reporter: chris' cramped foyer in leesburg, virginia, was transformed saturday into a remarkable repository of letters. >> here's a heavy bin if anybody's feeling strong. >> reporter: for weeks, she and a small band of volunteers have been counting, culling and reading. >> this would be
so now they kind of just bypassed each other in greece. and now google is now in finland where the other guy is. or similar santa was earlier. they're kind of meeting in the middle. just around the equator. >> here's the thing, we just don't want a midair santa crash. that would be the worst case scenario. thank you so much, alexandria, in an age of e-mails and tweets, here we go. it's nice to know that a letter can still be a powerful tool. it also helps if you have a powerful role...
90
90
Dec 26, 2012
12/12
by
CSPAN
tv
eye 90
favorite 0
quote 0
we do have an advantage that greece does not have. we print the world's money. we cannot expect the dollar will be keen to tomorrow. -- forever. if the europeans can manage their deficit and we cannot, the world will switch to euros. there is a tweet here -- guest: the cbo is supposed to be a political, but it cannot be too alarmist. if we go over the cliff, we are looking on january 1, some of this is already milton. about $600 million -- $650 billion in spending cuts and tax increases. that is about 4% of gdp. that is an enormous negative stimulus. a detraction from demand. that would surely be a deep recession. the cbo relies on simulation models that did not take into consideration investor sentiment, the reaction of consumers, and so forth that they wholly lose confidence in their government. if we go over the cliff and stay there, people will start to conclude that washington cannot manage its affairs. all bets are off on economic modeling. it is impossible to say what happened that other than it would be very negative. host: one piece that you actually di
we do have an advantage that greece does not have. we print the world's money. we cannot expect the dollar will be keen to tomorrow. -- forever. if the europeans can manage their deficit and we cannot, the world will switch to euros. there is a tweet here -- guest: the cbo is supposed to be a political, but it cannot be too alarmist. if we go over the cliff, we are looking on january 1, some of this is already milton. about $600 million -- $650 billion in spending cuts and tax increases. that...
1,081
1.1K
Dec 21, 2012
12/12
by
FBC
tv
eye 1,081
favorite 0
quote 0
>> we have repaired, if you will, greece, now. we don't have to worry about europe at least until the second half of the year. we have stability in china because of economic activity and that was a drag and then we have the doj promising tease and the federal reserve doing the same thing and all of a sudden it is not the world looking over the cliff, but we 3-quarters of the world looking the other way starting to come back and that is the difference. tracy: what happens? we are stealing from queue to. >> we always steal from one quarter to another. tracy: europe might come back to bother us again the second half of the year. could that mean an okay first half, second half disaster's again? >> we never have smooth sailing at anything. sell in may and go away. which works sometimes and doesn't work. what we feel good about is investors are forced with a problem that dividend taxes are going to go up. to me that is a good problem because it is going to take investors out of the safety of the blue chips and staples and utilities and
>> we have repaired, if you will, greece, now. we don't have to worry about europe at least until the second half of the year. we have stability in china because of economic activity and that was a drag and then we have the doj promising tease and the federal reserve doing the same thing and all of a sudden it is not the world looking over the cliff, but we 3-quarters of the world looking the other way starting to come back and that is the difference. tracy: what happens? we are stealing...
112
112
Dec 15, 2012
12/12
by
CSPAN
tv
eye 112
favorite 0
quote 0
if not, we will become greece in 20 years. guest: that is a great point to bring up. leaders on both sides of the aisle on capitol hill have made the point that this is not a democratic or republican issue. there is waste to be curbed. what i am hearing from republicans like jon kyl is that you have to make sure america is still able to make its commitments on the world stage. we spoke with a lot of defense- heavy representative, folks from the house armed services committee. they can see that there are cuts to be made. it is just about doing it in a responsible manner rather than across the board cuts, which is less discriminatory than most defense advocates would like. host: we have earl in street louis on our line for democrats. go ahead, =- st. louis on our line for democrats. caller: i was just wondering about the defense industrial complex that president eisenhower made the comment about. the defense contract workers are union workers. i do not hear the republicans hollering about that. i am is retired veteran. i think it is time we cut back on defense programs.
if not, we will become greece in 20 years. guest: that is a great point to bring up. leaders on both sides of the aisle on capitol hill have made the point that this is not a democratic or republican issue. there is waste to be curbed. what i am hearing from republicans like jon kyl is that you have to make sure america is still able to make its commitments on the world stage. we spoke with a lot of defense- heavy representative, folks from the house armed services committee. they can see that...
93
93
Dec 12, 2012
12/12
by
CSPAN
tv
eye 93
favorite 0
quote 0
it is interesting that we talk -- we do not become greece? it is interesting that we talked about the fiscal coordination have in the countries and to last come along and bail them out when they have not done what they're supposed to do? i do not know that we are that much different. we have a great panel. people thought are far smarter than i am. i will introduce them now. and then i will sit down and i did ask some questions to revival at the panel to keep their answers relatively short so we can run through a lot of questions and get out of here on time. we havealison -- we have ailson frasier, director of the institute for economic studies at the heritage foundation. as director, she oversees the heritage foundation research on a wide range of domestic, economic issues, including federal spending, taxes, the debt and deficit. before joining heritage in 2003, she was deputy director of the oklahoma office of state finance where she worked for governor. next, rudy penner, the institute fellow and the rj and francis miller chair in public po
it is interesting that we talk -- we do not become greece? it is interesting that we talked about the fiscal coordination have in the countries and to last come along and bail them out when they have not done what they're supposed to do? i do not know that we are that much different. we have a great panel. people thought are far smarter than i am. i will introduce them now. and then i will sit down and i did ask some questions to revival at the panel to keep their answers relatively short so we...
106
106
Dec 6, 2012
12/12
by
CSPAN
tv
eye 106
favorite 0
quote 0
little difficulty in distinguishing ourselves from the crisis that is in gulf and europe and especially greece. the other thing we could do is come to a midline course of action where you could actually -- what can you minimally due to cut spending? what can you minimally due to have shared sacrifice so everyone is sacrificing something in this game? the other thing we don't talk about -- the interest rates on the deficit have been the lowest in 200 years. if we went back to what it was 50 years ago, it would triple. ishave not got to thin leaderst not about being popular or well- liked. he may lose his leadership role. in the end, he would have saved this country from fiscal disaster, from bankruptcy, and a crisis that will affect all americans them that all americans. . all americans. host: what would you like to see done? is this a united opinion on the right when it comes to how it should be handled? guest: let's take the impact of the tax policies. that is a very good question. if you are a worker making $60,000 a year, head of household, and if your income bracket is $60,000 a year, curr
little difficulty in distinguishing ourselves from the crisis that is in gulf and europe and especially greece. the other thing we could do is come to a midline course of action where you could actually -- what can you minimally due to cut spending? what can you minimally due to have shared sacrifice so everyone is sacrificing something in this game? the other thing we don't talk about -- the interest rates on the deficit have been the lowest in 200 years. if we went back to what it was 50...
220
220
Dec 31, 2012
12/12
by
CNBC
tv
eye 220
favorite 0
quote 0
need to look at larger solutions to our problems so we don't end up in the situation europe is, or greece with riots, or france with a top 75% tax rate that's driving people offshore. >> the problem may be that paul ryan coming through with solid plans on the deficit issue, and ultimately didn't win the white house. is it possible to have the conversation with america get voted in, and then take action? >> personally, i think the ryan plan was an abomination, because it was so vague, that you can't tell whether it was a real plan or not. >> it was not vague. it was written down in the house budget. >> it is absolutely unspecified across all kinds of loophole closings and other things, which makes it filed under category of fiction for anybody that's ever worked in the united states senate. >> specifically it's written specifically in the path to prosperity. it was passed by the house. you can look at path to prosperity in google. you see many of the details. at least the house passed a budget, which the senate has not done for the past three years. the house has laid out solutions. also,
need to look at larger solutions to our problems so we don't end up in the situation europe is, or greece with riots, or france with a top 75% tax rate that's driving people offshore. >> the problem may be that paul ryan coming through with solid plans on the deficit issue, and ultimately didn't win the white house. is it possible to have the conversation with america get voted in, and then take action? >> personally, i think the ryan plan was an abomination, because it was so...
280
280
Dec 10, 2012
12/12
by
CNBC
tv
eye 280
favorite 0
quote 1
so the top performer is greece, up 24%, and we know how that economy is crashing. the bottom performer, or one of them is china. which even today is down 5% year-to-date, even though it is growing at the rate that it is. what does that mean for 2013? do you get a snapback, or are the central banks driven a big wedge between reality and stock market performance? >> i think that's a great question. you know, i think over the past few years, indeed, china's equities have been pretty week, especially in the asia market as you mentioned. i don't think that's necessarily because of a lot of cyclical disappointment. certainly that hasn't helped. but in reality, i think the earnings have not been so bad until this year, it was actually the valuation that kept seeing further and further compression. i think that's coming from people's concerns about the structural problems in china getting bigger. therefore, whatever level gdp growth was seeing today, or earnings growth, people think it's not sustainable going into the future. in 2013, we don't have any assurances that this
so the top performer is greece, up 24%, and we know how that economy is crashing. the bottom performer, or one of them is china. which even today is down 5% year-to-date, even though it is growing at the rate that it is. what does that mean for 2013? do you get a snapback, or are the central banks driven a big wedge between reality and stock market performance? >> i think that's a great question. you know, i think over the past few years, indeed, china's equities have been pretty week,...
298
298
Dec 31, 2012
12/12
by
CNNW
tv
eye 298
favorite 0
quote 0
number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest month to date as the assad regime intensified its air power. >> how much longer can this man hold on to power? bashar al assad was under even more intense pressure to step down but his regime stepped up the fire power against the opposition, civilians caught in the crossfire, more than 40,000 people have died so far. >> reporter: this is yet another bread line. >> the opposition fights on, making more dramatic gains than ever and gaining pledges of support from the international community. number one, she fought back from the brink of death after being attacked on a school bus. the taliban shot malala yousafzai. she survived, wake up in a british hospital and, according to her father, immediately asked for her school books. the world was gripped, moved and inspired by the story of one determined young g
number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest month to date as the assad regime intensified its air power. >> how much longer can this man hold on to power? bashar al assad was under even more intense pressure to step down but his regime stepped...
210
210
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 210
favorite 0
quote 0
we see greece, and spain and italy, and france. they all grow slow of the they have extremely high unemployment rates. we would have a slow economy and high unemployment forever if we taxed ourselves like that. gregg: all right. >> this idea that somehow you can't tax the middle class or we won't, it's impossible. if we keep --. gregg: that is a bad idea, right, i get it. i get it. vat. that i get. >> value-added tax is the worst thing. gregg: brian, what is the solution? >> yeah. i, well, if i were king for a day and told to make the economy grow faster, i would cut the size of our federal government. we need to cut spending everywhere because, the best our economy has done in the last 30 years is during the '80s and '90s. that's when ronald reagan and bill clinton cut spending. i would take the clinton tax rates, right now, i would take them. gregg: really. >> they won't hurt the economy, if, i got clinton's spending. he spent one-third less on federal government than barack obama is today, one-third less. we've increased the siz
we see greece, and spain and italy, and france. they all grow slow of the they have extremely high unemployment rates. we would have a slow economy and high unemployment forever if we taxed ourselves like that. gregg: all right. >> this idea that somehow you can't tax the middle class or we won't, it's impossible. if we keep --. gregg: that is a bad idea, right, i get it. i get it. vat. that i get. >> value-added tax is the worst thing. gregg: brian, what is the solution? >>...
190
190
Dec 24, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
their debt to gdp approaches greece-like levels. and they went so far as to bond out their debt service. issuing bonds to pay their interest and that is just a true muni bond person. that is like a knife in the heart, pain. >> don't go anywhere. stick around for the rest of the hour. thank you for being here on this holiday. >> glad to be here. >> what are you looking at? >> nothing. >> the red. >> it's like orange on camera. >> it is a little orange. >> is this a holiday? you keep saying that. >> we've been doing all sorts of holiday things. really? >> so it is the holidays? >> yes, it is. >> i've got to get with it. anyway, coming up, how much you pay for something online could depend on where your computer is located. first, though -- >> i know. attention, boys and girls and santa fans everywhere. in a holiday tradition in north american air space defense demand or norad is ready to help you track the jolly old elf and his reindeer. the funniest line in vacation, the movie, christmas where they're at the dinner table and clark sa
their debt to gdp approaches greece-like levels. and they went so far as to bond out their debt service. issuing bonds to pay their interest and that is just a true muni bond person. that is like a knife in the heart, pain. >> don't go anywhere. stick around for the rest of the hour. thank you for being here on this holiday. >> glad to be here. >> what are you looking at? >> nothing. >> the red. >> it's like orange on camera. >> it is a little orange....
301
301
Dec 7, 2012
12/12
by
CNNW
tv
eye 301
favorite 0
quote 0
she was less bullish on the idea that greece or spain or anybody else in trouble might effect the u.s. economy. she said, you know, the problem with the u.s. is internal, and it becomes a world problem. >> what do you think about the supreme court, they're now going to consider california's proposition 8, consider same sex marriage in the united states. >> i think it raises obviously to the highest court in the land a question that has bounced around the states with different verdicts. you have had a lot of states had constitutional amendments banning same sex marriage, california said yes, then has said no. you had for the first time the past election a couple states pass it in a statewide referendum, when previously when it was on the ballot it had gone down. this is a question that has had different answers in some states, and some states different answers different times within the same state. the supreme court providing a road map is helpful, if you want a 50 state solution. the question is is that what the constitution calls for. >> and will they provide it. >> the president per
she was less bullish on the idea that greece or spain or anybody else in trouble might effect the u.s. economy. she said, you know, the problem with the u.s. is internal, and it becomes a world problem. >> what do you think about the supreme court, they're now going to consider california's proposition 8, consider same sex marriage in the united states. >> i think it raises obviously to the highest court in the land a question that has bounced around the states with different...
334
334
Dec 4, 2012
12/12
by
FOXNEWSW
tv
eye 334
favorite 0
quote 0
the good news is, we would get our kids and grandkids out of the situation of becoming greece. >> the president's aides not surprisingly quickly rejected the plan which republicans say would bring in $800 billion in higher tax revenue without raising rates. white house communications director said, quote, it actually promises to lower rates for the wealthy and sticks the middle class with the bill. press secretary jay carney said mr. obama is determined to phase out the bush administration tax cuts for families making more than $250,000 a year. >> he will not sign a bill that extends those tax rates for the top 2%. we can't afford it. it is not a wise economic policy or wise fiscal policy. and it would defeat the principle of balance that he has embraced. >> so with less than a month to go before the deadline, we've now had an offer and a counteroffer, but arguably, no real attempt at compromise. democrats say republicans haven't detailed how they would increase tax revenue and they haven't offered enough of it and republicans say democrats haven't agreed to serious entitlement progra
the good news is, we would get our kids and grandkids out of the situation of becoming greece. >> the president's aides not surprisingly quickly rejected the plan which republicans say would bring in $800 billion in higher tax revenue without raising rates. white house communications director said, quote, it actually promises to lower rates for the wealthy and sticks the middle class with the bill. press secretary jay carney said mr. obama is determined to phase out the bush...
125
125
Dec 15, 2012
12/12
by
CSPAN
tv
eye 125
favorite 0
quote 1
the same time to do it a in a way we can provide greece service for them regardless of how much revenue is available for them. a lot to talk about what we are doing and not doing. we have a great transaction platform for core a america. we have kept prices down. what we are looking for is, what is the model to serve customers going forward? we are seeing 70,000 do bubble banking customers. half a million czechs get deposited by people taking pictures of them now. the behavior has changed so fast 20 million texts that go out every month saying imbalance as well, make sure you do not overdraft. all of that put together is a tremendous level to serve customers traditionally with branches and atms and things like that. you can provide better service and you do not have to charge fees. >> we have time for a few questions from the audience. if i can ask you to -- it state who you are and who you are with. if you could also keep your questions >> so we can get to as many questions as possible. i think i have somebody walking around with microphones. >> are you indicating or implying that a big
the same time to do it a in a way we can provide greece service for them regardless of how much revenue is available for them. a lot to talk about what we are doing and not doing. we have a great transaction platform for core a america. we have kept prices down. what we are looking for is, what is the model to serve customers going forward? we are seeing 70,000 do bubble banking customers. half a million czechs get deposited by people taking pictures of them now. the behavior has changed so...
99
99
Dec 1, 2012
12/12
by
CSPAN
tv
eye 99
favorite 0
quote 0
the brits were already fighting hard among themselves in the 1820's so should they help greece in the uprising against the turks? [laughter] that, by the way, is a very profound joke. if you are an empire that wants to make sure you play by the rules, it is always good to have a group that is discriminated against and they will go off to build an empire. it is very important. it just came to me with that? if you look out the rest of the democratic world, the spaniards, you name it, they're not exactly gung ho about putting their blood on the line when it comes to pursuing our values. the point, i guess, here is that you always have to have somebody who runs the show. there has to be one of very large power. usually it is anglo-saxon. we are now in a phase of american development with the power that has carried the burden over the last 60 years, as we all know, wants to lead from behind and is retracting from afghanistan, from iraq, and they're now exerting their power from afar and from above. drones above, boots on the ground. i fear if nobody takes on the responsibility of organizin
the brits were already fighting hard among themselves in the 1820's so should they help greece in the uprising against the turks? [laughter] that, by the way, is a very profound joke. if you are an empire that wants to make sure you play by the rules, it is always good to have a group that is discriminated against and they will go off to build an empire. it is very important. it just came to me with that? if you look out the rest of the democratic world, the spaniards, you name it, they're not...
137
137
Dec 6, 2012
12/12
by
CSPAN2
tv
eye 137
favorite 0
quote 1
heritage foundation to see what we can do to improve the fate of our country so we will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices this he had would a lost our way -- that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on in america, jim understands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank
heritage foundation to see what we can do to improve the fate of our country so we will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices this he had would a lost our way -- that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy...